AI data company Edelbyte completed a $70 million seed and Series A financing round, led by Sequoia Capital

According to Forbes, data infrastructure company Edelbyte has completed a $45 million Series A funding round, reaching a valuation of $500 million, led by Quiet Capital, with all existing investors participating. New investors include QP Ventures, Startpoint Capital, and Cerca Partners.

The company had previously completed a $25 million seed round led by Sequoia, with Greenoaks and Swish Ventures participating, bringing total funding to $70 million. Edelbyte was founded in November 2025 by four former Microsoft engineers to provide a data platform for increasingly complex query workloads in the AI era.

Co-founder and CEO Avner Aharoni, CTO Evgeney Ryzhyk, VP of Engineering Alexander Sloutsky, and VP of Platform Engineering Yoni Leibowitz all worked at Microsoft for about 20 years and have over a decade of experience working together.

Among them, Ryzhyk and Sloutsky were part of the founding team of Microsoft's internal data platform Kusto, which later became the foundation for products like Azure Data Explorer. Edelbyte's platform integrates traditional analytics, text search, spatial queries, and AI workloads on the same infrastructure and can be deployed in public cloud, private cloud, and on-premises environments.